massive buying to occur this arvo, page-25

Neil_WA...

Great post...and my sentiments exactly on WGP.

I would personally put a little more value in the US assets, with say 200-250bbls/day as my eventual daily target in say a year from now.

What people fail to realise is that WGP's "farming" methods, given locality and realtively few overheads, equates to as high as say 300 bbls/day for more highly geared, less cost effective oilers.

WGP will end up wit the same overall profits from production as many would achieve from 3 times the production.

In a climate of credit fear, any sort of income for a junior is worth it's weight in gold...even if that is black gold!

Regardless however, in such an illiquid stock as WGP, insessant ramping can create negative sentiment and impact price direction...even if via facilitation by those with reason to do so.

Seriously...some people are their stocks own worst enemy.

lol

Cheers!